DoorDash, Inc. Goodwill & Intangibles Disclosure
| Total | |||||
| Balance as of December 31, 2023 | $ | 2,432 | |||
| Effects of foreign currency translation | (117) | ||||
| Balance as of December 31, 2024 | 2,315 | ||||
| Goodwill measurement period adjustments | 41 | ||||
Acquisitions | 2,918 | ||||
| Effects of foreign currency translation | 245 | ||||
| Balance as of December 31, 2025 | $ | 5,519 | |||
| Weighted-average Remaining Useful Life (in years) | Gross Carrying Value | Accumulated Amortization | Net Carrying Value | ||||||||||||||||||||
| Existing technology | 3.3 | $ | 232 | $ | (142) | $ | 90 | ||||||||||||||||
| Merchant relationships | 8.3 | 286 | (82) | 204 | |||||||||||||||||||
| Customer relationships | 0.4 | 116 | (101) | 15 | |||||||||||||||||||
| Trade name and trademarks | 7.4 | 269 | (75) | 194 | |||||||||||||||||||
| Assembled workforce in asset acquisition | 2.2 | 10 | (3) | 7 | |||||||||||||||||||
| Balance as of December 31, 2024 | $ | 913 | $ | (403) | $ | 510 | |||||||||||||||||
| Weighted-average Remaining Useful Life (in years) | Gross Carrying Value | Accumulated Amortization | Net Carrying Value | ||||||||||||||||||||
| Existing technology | 3.1 | $ | 622 | $ | (222) | $ | 400 | ||||||||||||||||
| Merchant relationships | 9.3 | 854 | (122) | 732 | |||||||||||||||||||
Rider relationships | 1.8 | 14 | (2) | 12 | |||||||||||||||||||
| Customer relationships | 6.5 | 798 | (169) | 629 | |||||||||||||||||||
| Trade name and trademarks | 8.4 | 602 | (119) | 483 | |||||||||||||||||||
| Assembled workforce in asset acquisitions | 1.3 | 10 | (6) | 4 | |||||||||||||||||||
| Balance as of December 31, 2025 | $ | 2,900 | $ | (640) | $ | 2,260 | |||||||||||||||||
Year Ending December 31, | Amortization Expense | |||||||
| 2026 | $ | 456 | ||||||
| 2027 | 424 | |||||||
| 2028 | 317 | |||||||
| 2029 | 267 | |||||||
| 2030 | 173 | |||||||
| Thereafter | 623 | |||||||
| Total estimated future amortization expense | $ | 2,260 | ||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 18, 2026 | Showing above |
| 2024 | Feb 14, 2025 | |
| 2023 | Feb 20, 2024 | |
| 2022 | Feb 27, 2023 | |
| 2021 | Mar 1, 2022 | |
| 2020 | Mar 5, 2021 | |
About Goodwill & Intangibles Disclosures
Goodwill and intangible asset disclosures reveal the premium paid in acquisitions and how management assesses whether that premium retains its value. Since goodwill is no longer amortized under US GAAP, the annual impairment test is the only mechanism that adjusts carrying values downward — making the assumptions behind that test critically important for investors.
Key signals: a history of goodwill impairments suggests management consistently overpays for acquisitions. Watch the gap between reporting unit fair value and carrying amount — when fair value exceeds carrying amount by less than 10-20%, a small decline in business performance could trigger a write-down. For finite-lived intangibles, examine useful life assumptions across customer relationships, technology, and trade names; aggressive estimates inflate near-term earnings. Compare total intangibles-to-total-assets ratios against peers to assess acquisition dependency. Rising goodwill as a percentage of equity can signal balance sheet fragility.